Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) acquired 60% stake in Yihai Chenke (Fujian) Agriculture Co. from Hubei Chenke Agriculture and Animal Husbandry Group Co., Ltd. for CNY 22.2 million on August 2, 2024. A cash consideration of CNY 22.2 million will be paid by Yihai Kerry Arawana Holdings Co., Ltd. As part of consideration, CNY 22.2 million is paid towards common equity of Yihai Chenke (Fujian) Agriculture Co.
Yihai Kerry Arawana Holdings Co., Ltd (SZSE:300999) completed the acquisition of 60% stake in Yihai Chenke (Fujian) Agriculture Co. from Hubei Chenke Agriculture and Animal Husbandry Group Co., Ltd. on August 2, 2024.
Yihai Kerry Arawana Holdings Co., Ltd. specializes in the manufacture and marketing of food products, oils and food ingredients. The group offers edible and industrial animal and vegetable oils, edible fats, cereal products (rice, wheat, corn, soybeans, etc.), flour, noodles, animal feed, food additives, canned foods, etc.
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